Krishna Guha of Maybank Securities has kept his “hold” call with a lower target price of $2.30 on Mapletree Industrial Trust (MINT), noting that the REIT’s tenant bankruptcy has added to its headwinds. Guha’s previous target price on the REIT was $2.45.
Mapletree Industrial Trust (SGX:ME8U
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Price target:
Maybank Securities ‘hold’ $2.30
Tenant bankruptcy adds to headwinds
